Data centers are projected to incur billions in additional electricity costs across 13 states in the coming years following a recent power auction. The grid operator PJM announced the results of the auction, which secures power for the period from June 2028 to May 2029. Monitoring Analytics, an independent market monitor, provided insights on the implications of these results.
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Data centers projected to increase electricity costs following power auction results
Data centers are expected to significantly increase electricity costs in 13 states after a recent power auction conducted by PJM. The auction results will affect power pricing from June 2028 through May 2029.
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Data center electricity demand is expected to drive up costs after recent power auction
Data centers projected to increase electricity costs following power auction results